M&C featured in Insider magazine discussing whisky investing and NFTs

Jason Chester, senior associate at intellectual property firm Marks & Clerk’s Edinburgh office and member of their food and drink team, said rising demand and value can often lead to an increase in counterfeit products. Identifying fakes can be difficult, time-consuming and expensive, and often involves lab-based processes such as carbon dating. "We have seen NFTs [Non-Fungible Tokens] be used to verify the ownership and authenticity of bottles of whisky," said Chester. "At their core, NFTs can be thought of as unique ledger numbers digitally stored on the blockchain, technology which makes it impossible for counterfeiters to manipulate the data used in the process of authentication."